媒体在经济危机中扮演的角色五
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Interesting edit point. Hmm, we'll be right back with the rest of the interview with Jim Cramer. Welcome back, and now the thrilling conclusion of the Jim Cramer Interview. Take a look.
What is the responsibility of the people who cover Wall Street? Who are you responsible to? The people in the 401K’s and the pensions, and the general public, or the Wall Street traders? And by the way, this casts aspersion on all of Wall Street when that's unfair as well. The majority of those guys are working their asses off. They're really bright guys. I know a lot of them. They're just trying to do the right thing. And they're getting f… in this too.
True, true. I think that as a network, we produce a lot of interviews where I think that we've been, there've been people who've not told the truth. Should we have been constantly pointing out the mistakes that were made? Absolutely. I surely wish we had done more. I think that we've been very tough on the previous Treasury Secretary, very tough on the previous administration, how they didn't get it, very tough on Ben Bernanke. But at the same time, I…
He is the guy, Paulson’s the guy who wrote the rule that allowed people to over-leverage.
I trash him every night. I've called him a liar on TV. What am I gonna do? Should we all call them liars? I'm a commentator. We have, and you could take issue with the fact that I throw bulls and bears. I can still be considered serious. I’m not Eric Sevareid, and I'm not Edward R. Murrow. I'm a guy trying to do an entertainment show about business for people to watch. But it's difficult to have a reporter say, “I just came from an interview with Hank Paulson and he lied his darn fool head off.” It's difficult. I think it challenges the boundaries.
Yeah, I mean, I'm under the assumption, and maybe this is purely ridiculous. But I'm under the assumption that you don't just take their word at face value, that you actually then go around and try and figure it out. So, again, I, you now have become the face of this. And that is incredibly unfortunate.
I wish I had done a better job trying to figure out the 30-to-1 and whether it was gonna blow up. It did. Once it did, I was late saying that it was bad.
So maybe we could remove the financial expert and the “In Cramer we trust” and start getting back to fundamentals on the reporting as well. And I can go back to making fart noises and funny faces.
I think we make that deal right here.
Mad Money airs on CNBC weeknights at six, Jim Cramer.
Vocabulary:
1. edit point: The location in an audio or video program where a production event or change occurs
2. cover: to report the details of an event for a newspaper or a television or radio programme
3. be responsible to sb.: 对某人负责
4. cast aspersion on: 中伤(或诽谤)某人
5. work someone’s ass off: (not polite)to work very hard
6. be tough on: 对苛刻,严厉
7. trash: to criticize someone or something very severely
8. commentator: A broadcaster or writer who reports and analyzes events in the news
9. take issue with sth.: 提出异议,反对提出异议
10. bulls and bears: 买空卖空
11. darn: damn
12. take sth. at face value: to accept something exactly the way it appears to be
13. 30-to-1: major Wall Street financial institution leverage ratios
14. In Cramer we trust: Jim Cramer节目的广告与,用了倒装
15. fart: a stupid and uninteresting older person
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